Renewable Chemicals Market
Renewable Chemicals Market Opportunities in the New Development and Research of Bio-
Based Caprolactam
Renewable chemicals, commonly known as bio-based chemicals, are obtained from various
renewable sources such as organic waste products, agricultural waste, agricultural feedstock,
microorganism, and biomass. Due to lower carbon constituent and environment-friendly
characteristics, renewable chemicals have emerged as potential substitutes for petroleum-based
chemicals. Increasing awareness and growing demand for methanol and ethanol in the
pharmaceutical industry is a major factor that is expected to fuel growth of the renewable chemicals
market during the forecast period. Europe is expected to hold dominant position in the renewable
chemicals market, followed by North America. This is mainly attributed to inclination of the
populace and industry players towards adoption of novel and technologically advanced green
products.
Renewable Chemicals Market Taxonomy
On the basis of product type, the global market is classified into:
•Biopolymer
•Alcohols
•Ketones
•Organic acids
On the basis of applications, the global market is classified into:
•Agriculture
•Food & beverages packaging
•Biomedical
•Textiles
Request Copy Of This Business Report: https://www.coherentmarketinsights.com/market-
insight/renewable-chemicals-market-262
Renewable Chemicals Market Outlook – Surge in End User Demand is Augmenting Market
Growth
Emerging technological breakthroughs, inclination of the populace towards eco-friendly products,
and supportive government policy are fueling growth of the renewable chemicals market.
Moreover, the growing demand for ethanol & methanol, green packaging materials, and consumer
goods packaging materials is expected to boost the market growth during the forecast period.
Renewable Chemicals Market – Regulatory Scenario:
•2009, Federal Legislation enthusiastic support for bio based products development and promotion
•As per The Biomass Research and Development Act of 2000, established the biomass research and
development initiative to promote and develop bio based products, which consist of representatives
from the white house, the U.S. Department of Agriculture (USDA), and the U.S. Department of
Energy
Top key players: Archer-Daniels-Midland Company (ADM), Amyris Inc., BASF SE, Bioamber
Inc., Biomethanol Chemie Nederland B.V., Braskem, Cargill Inc., DSM, E. I. DU Pont DE
Nemours & Company, Evonik Industries AG, Genomatica Inc., Metabolix, Inc., Myriant
Corporation, Natureworks LLC, Novozymes A/S, OPX Biotechnologies, Solazyme Inc., Solvay,
and The Dow Chemical Com.
About Us:
Coherent Market Insights is a global market intelligence and consulting organization that provides
syndicated research reports, customized research reports, and consulting services. We are known for
our actionable insights and authentic reports in various domains including aerospace and defense,
agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and
an exhaustive list of sub-domains under the sun. We create value for clients through our highly
reliable and accurate reports. We are also committed in playing a leading role in offering insights in
various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our
clients.
Contact:
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837
Comments